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Penhole Drive, Launceston, PL15
Home, House Prices, Cornwall, South West
Penhole Drive

Penhole DriveHouse Prices / South West, Cornwall

Last updated Jun 2026

Key Street Insights

Penhole Drive is a residential street with 34 addresses.

It ranks as the 330th largest and 123rd most expensive of the 422 streets in the PL15 area. The dominant property type is a modern house built after 1980.

The street contains a total of 34 properties: 29 houses and 5 flats.

34
Properties
  • Houses
  • Flats

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House Priceson Penhole Drive

Sale prices range from £144,762 for 2 bedroom Leasehold flats (538 ft2) to £279,907 for 3 bedroom freehold houses with a garden (1,130 ft2) .

Monthly rental prices range from £613 pcm for 2 bed flats to £1,122 pcm for 3 bed houses.

The gross rental yield is between 4.8% and 5.2%.

The average value per square foot is £298.

Average Sale Value
£209,678
Average Rental Value
£888 pcm
Average Rental Yield
5.1% /year
Average Value Per Sqft
£298 /ft2
Prices last updated 1st June 2026
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Sales Market Trendson Penhole Drive

The last sale on Penhole Drive sold for £204,000 on 17th December 2025. Since then prices are up an average of 5.4%.

The current average value in the street is £209,678.
The Penhole Drive Sales Market has increased by 38.7% over the last 10 years.

PeriodYear on YearAverage Price
May 20263.5%£209,678
May 2025-0.3%£202,544
May 2024-1.5%£203,155
May 20232.9%£206,191
May 202210.3%£200,337
May 20219.7%£181,662
May 2020-0.5%£165,580
May 20191.1%£166,351
May 20185.9%£164,480
May 20172.8%£155,343
May 20162.8%£151,181
May 20152.4%£147,081
May 20143.8%£143,614
May 20131%£138,335
May 2012-2.7%£136,956
May 2011-0.7%£140,796
May 20104.6%£141,826
May 2009-13.4%£135,646
May 2008-2.9%£156,552
May 20070%£161,236
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Rental Market Trendson Penhole Drive

The current average rental value in the street is £888.
The Penhole Drive Rental Market has increased by 50.7% over the last 10 years.

PeriodYear on YearAverage Price
May 20264.5%£888pcm
May 20256.7%£850pcm
May 20244.1%£797pcm
May 20233.1%£766pcm
May 202213.2%£743pcm
May 20215.6%£656pcm
May 20202.5%£621pcm
May 2019-0.3%£606pcm
May 20181.1%£608pcm
May 20172%£601pcm
May 20162.5%£589pcm
May 20150.3%£575pcm
May 20143.2%£573pcm
May 20130.6%£556pcm
May 2012-0.8%£552pcm
May 20111.3%£557pcm
May 20104.4%£550pcm
May 2009-10.7%£527pcm
May 20084.7%£590pcm
May 20070%£563pcm
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Explore Propertieson Penhole Drive, Launceston, PL15

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Sales History
on Penhole Drive, Launceston, PL15

The last sale was on 17th December 2025 for £204,000 and since then the market in the area has increased by 5.4%. The street has had a total of 45 sales since 1995.

Penhole Drive, Launceston, PL15 has seen 4 sales in the last three years and 1 sale in the last twelve months.

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Top 3 Most Expensive Saleson Penhole Drive, Launceston, PL15

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Nearby Streetsto Penhole Drive, Launceston, PL15

Penhole Drive, Launceston, PL15 is the 330th largest and the 123rd most expensive street in the PL15 area.

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Postcodeson Penhole Drive, Launceston, PL15

There is 1 postcode on Penhole Drive, Launceston, PL15.

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Property Typesin Penhole Drive

  • 29 modern houses built after 1980
  • 5 modern flats built after 1980
  • modern house (29)
  • modern flat (5)
Energy Efficiency

Energy Efficiencyof properties on Penhole Drive

  • Energy Performance Certificate (EPC) surveys conducted for 34 properties.
  • The dominant rating is C.
  • A (1)
  • E (0)
  • B (3)
  • F (0)
  • C (30)
  • G (0)
  • D (0)
  • No EPC (0)
Schools Nearby

Schools Nearby

The nearest primary school to Penhole Drive, Launceston, PL15 is Launceston Primary School, which is 200 metres away.
  • 200
    m
    Launceston Primary School
  • 1.0
    km
    Windmill Hill Academy
  • 1.5
    km
    St Catherine's CofE Primary School
The nearest secondary school is Launceston College, which is 400 metres away.
  • 400
    m
    Launceston College
  • 13.6
    km
    Callington Community College
  • 16.9
    km
    Tavistock College
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Schools and house prices
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearby

The closest station to Penhole Drive, Launceston, PL15 is Gunnislake station, which is 15.5 kilometres away.

  • 15.5
    km
    Gunnislake
  • 17.6
    km
    Calstock
  • 19.0
    km
    Bere Alston
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